Jan 28 (Reuters) - Crowd Mobile Ltd CM8.AX :
* Crowd Mobile agreed to an earn-out payment to the track vendors based on the
financial performance for the 2015 calendar year
* January 2016 earn out payment will be funded from existing operating cash
flows
* Says earn-out has been agreed at 4.5 million euros
* EUR 3.0 million has now been drawn down and will be used to repay the 3.0
million vendor loan which was due and payable by June 2016
* Source text for Eikon ID:nASX1NZnVS
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